Save the Pitiful F-22
The F-22 Raptor is a plane designed in the early 90s to fight the planes the Soviet Union didn't build in the late 80s. The reason we've never used the Raptor in Iraq is it doesn't work in places where there are wars.
Haines, clearly still wearing his Wall Street blinders -- and still speaking out for the Marie Antoinettes of the Meltdown -- was apoplectic over my suggestion that taxpayers should stop subsidizing equity holders in insolvent banks.
The F-22 Raptor is a plane designed in the early 90s to fight the planes the Soviet Union didn't build in the late 80s. The reason we've never used the Raptor in Iraq is it doesn't work in places where there are wars.
The high doctrine of Economic Correctness of the Reagan-Bush-Clinton-Bush years is as bankrupt as Soviet Communism. It is all but officially dead. Why then are the president's economic advisers paid to prop it up?
Last night Congress approved the Isakson amendment which gives $15,000 (or 10 percent of the purchase price, whichever is lower) to every person who buys a home in 2009.
The American people elected President Obama in record numbers to lead our country in a new direction, if the Republicans aren't willing to join him, the least they can do is get out of his way.
The story of the morning seems to be that the Obama team is unhappy with Nancy Pelosi and the House committee chairs for delivering up such a liberal, pork-laden bill that they themselves really had nothing to do with.
The problem is not the fiscal stimulus. It is not pork barrel politics. It is not the banks. Nor is it the bankers. It's not even the debt. It's the cost of debt. And it's just like Japan, 1990-2009.
The idea that we can turn this economy around by caving to the feckless demands of those who screwed it up in the first place is utterly bankrupt.
Now we are on the verge of needing to borrow massively to try to turn around the faltering economy, what has happened to the tax fairness part of the agenda?
Like many decent people, Daschle got caught in a bad system that is so corrupted by money it hardly matters whether the money is from good people with good intentions or bad people with bad intentions.
At a time when ideas are needed to change the world, both the distribution and the wide interest in TED talks suggest that there is a hunger for knowledge, and an appetite for ideas.
Obama was elected to bring change to the economy, not to debate the merits of tax cuts all over again. We had that discussion for 18 months and Obama won.
President Obama has taken an important step towards bringing fairness and a dose of reality to Wall Street. In this same vain, I will be re-introducing the Income Equity Act.
What Democrats have to guard against is the Cheney-inspired revisionism now hard at work to paint the Bush administration as the deserving father-protector of American security.
The harsh reality that is being repressed is this: the Western world is suffering a crisis of excessive indebtedness.
The Interior Secretary has announced that he is canceling all 77 contested leases surrounding some of Utah's most stunning national parks. This redrock wilderness can now remain part of our natural heritage.
Just a mere $18.4 billion in Wall Street bonuses, and suddenly the entire country is screaming for revenge on money power that has done us so wrong while rewarding itself so generously.
National service should again be viewed as an essential part of an economic recovery plan, as it gets young people useful work, rapidly and inexpensively.
Salary cap spankings for execs at bailed out giants. The President of the United States confessing "I screwed up" on national TV. This is shocking. But shocking good or shocking bad?